Duplex or SFH in Northeast Dallas

[Juan A. Ortiz]

My wife and I are working towards moving into a house within the next 4 months or so being that interest rates are so low. We currently live in an apartment in the Plano area. I work remotely and the wifey works in Richardson. The game plan is to move closer to the Richardson area (Garland, Richardson, south Plano, etc).

Our initial plan was to purchase a duplex and House Hack; but we are leaning more towards a SFH. The plan is to live in the home 1-2 years, make some minor fixes, then rent it out. Price range is between $150K - $225K.

The reason being...

I know SFH tend to appreciate much better than duplexes. Also, from my understanding, duplexes are not as popular on this side of town. Lastly, most families are looking for a SFH as opposed to a duplex.

I’d love your input on a good marketplace, thoughts on Duplex or House Hack, and any other advice.

Look forward to everyone’s response!

[Bruce Lynn]

Congratulations....and good work.   You can always keep open the option of duplex, but it is tough to find the right situation these days with duplexes.  Single family is probably your best bet.  Exciting times in DFW area right now.

Best Wishes.